Barnet Council budget figures

What Barnet Council reported to central government. Every figure below is taken from a published return and converted from the thousands the return states into whole pounds. Nothing is estimated, and where the return carries no figure the section is absent rather than blank.

London borough, filing as a unitary. Negative figures mean net income, which is what the return means by them.

2024/25 in summary

£342,815,550 Net revenue expenditure
£738,934,390 Total service expenditure
£229,355,000 Council tax requirement

Net revenue expenditure by year

  • 2021/22£248.5m
  • 2022/23£270.9m
  • 2023/24£346.1m
  • 2024/25£342.8m

These are cash figures as reported. They are not adjusted for inflation, so a rise between two years is not on its own a rise in what the council does.

Where the money went in 2024/25

  • Education services£343.2m
  • Adult Social Care£172.1m
  • Children Social Care£100.7m
  • Central services£30.8m
  • Public Health£21.8m
  • Environmental and regulatory services£21.2m
  • Housing services (GFRA only)£19.9m
  • Highways and transport services£10.7m
  • Planning and development services£9.4m
  • Cultural and related services£9.1m

These are the standard service lines every council reports against. They do not add up to net revenue expenditure: financing, movements in reserves and central adjustments sit outside them.

Where the money came from in 2024/25

Funding by source
Source Amount Share of the parts shown Line in the return
Council tax £229,355,000 71.8% COUNCIL TAX REQUIREMENT
Business rates retained £81,685,810 25.6% Retained income from Rate Retention Scheme
Revenue support grant £8,272,920 2.6% Revenue Support Grant

These are the funding lines the outturn return carries. They are not the whole of the council's income: fees, charges, ring-fenced grants and income within service lines are outside them, so the shares above are shares of what is shown, not of everything the council received.

Band D, this council's own element

  • 2014/15£1,102
  • 2015/16£1,102
  • 2016/17£1,121
  • 2017/18£1,155
  • 2018/19£1,189
  • 2019/20£1,225
  • 2020/21£1,274
  • 2021/22£1,337
  • 2022/23£1,351
  • 2023/24£1,402
  • 2024/25£1,472
  • 2025/26£1,545

This is the part of a Band D bill that goes to Barnet Council and nothing else. A household's whole bill also carries the police, the fire service, the parish where there is one, and the county council where this is a district. Those are separate bodies with separate accounts.

Reserves

Reserves at the start and end of each year
Year Earmarked at 1 April Earmarked at 31 March Unallocated at 1 April Unallocated at 31 March
2021/22 £138,596,000 £152,127,000 £15,083,000 £24,721,000
2022/23 £152,050,000 £115,387,000 £24,721,000 £24,721,000
2023/24 £115,387,000 £71,968,000 £15,082,000 £15,082,000
2024/25 £71,968,170 £47,436,410 £15,081,130 £15,081,130

Earmarked reserves are set aside for a stated purpose. Unallocated reserves are not. A cell reading n/a is one the return carries no figure for.

Where these figures come from

This page carries no comparison between what Barnet Council budgeted and what it paid out. The published payment files and the net revenue return cover different money over different scopes, so a difference between them measures the difference in scope and nothing about the council.